Suppliers
 

ZF-TRW deal to be approved by EU regulators, report says

1:48 pm U.S. ET | March 4, 2015
EU antitrust regulators are expected to clear German car parts maker ZF Friedrichshafen's $13.... Read More »

Apple explores resolution of A123 Systems’ poaching suit

6:59 am U.S. ET | March 4, 2015
Apple said it’s exploring a potential resolution of a lawsuit in which it’s accused of poaching employees from a lithium ion battery maker amid reports that it’s trying to develop an...... Read More »

Kobe Steel considers $800 million U.S. aluminum plant for auto suppliers

6:41 am U.S. ET | March 3, 2015
Kobe Steel, supplier of aluminum sheet to half of Japan’s auto industry, is considering building a 100 billion yen ($832 million) plant in the...... Read More »

Toyota, Ford frustrated by rail car shortage

7:05 am U.S. ET | March 3, 2015
Railroad companies are struggling to keep up with surging US demand for trucks and SUVs, frustrating Ford and Toyota.... Read More »

Federal-Mogul delays split into two public companies

9:58 am U.S. ET | Feb. 26, 2015
Federal-Mogul, the powertrain and aftermarket parts supplier controlled by Wall Street investment mogul Carl Icahn, said this week it will delay a...... Read More »

Magna cuts sales forecast on weak Europe demand, approves stock split

7:01 am U.S. ET | Feb. 25, 2015
Canadian auto parts maker Magna International Inc. cut its revenue forecast for 2015, hurt by weak demand from Europe.... Read More »

Faurecia N.A. boss Heneka to retire March 1; Stidham named new president

3:12 pm U.S. ET | Feb. 24, 2015
Mike Heneka, who led an immense expansion effort in the US as president of Faurecia North America, will retire on March 1, the seating and emissions...... Read More »

Cooper Standard pares Q4 losses to $12.8 million

3:52 pm U.S. ET | Feb. 24, 2015
Cooper-Standard Holdings Inc., facing foreign currency issues and soft sales on key programs in North America, said it lost $12.... Read More »

Is clock ticking on replacement inflators?

12:01 am U.S. ET | Feb. 23, 2015
Now that Honda has recalled more than 14 million vehicles to fix defective Takata airbag inflators, CEO Takanobu Ito says he is prepared for a...... Read More »

American Axle Q4, full-year revenues jump on non-GM business

3:18 pm U.S. ET | Feb. 23, 2015
American Axle reported leaps in revenue for the fourth quarter and the year.... Read More »

S.C. testing center plans expansion

12:01 am U.S. ET | Feb. 23, 2015
The International Transportation Innovation Center in Greenville, S.C.... Read More »

Delphi's thermal unit is bought by Mahle for $727 million

4:40 am U.S. ET | Feb. 19, 2015
German auto supplier Mahle has agreed to buy rival Delphi's air conditioning business for $727 million, expanding its thermal management expertise as...... Read More »

Dana posts gains in Q4 net income

12:27 pm U.S. ET | Feb. 19, 2015
Powertrain component supplier Dana Holding reported gains in net income for the fourth quarter and 2014, but slipped in revenue in both the quarter...... Read More »

Lear to buy more shares, boost dividend

10:09 am U.S. ET | Feb. 17, 2015
Weeks after receiving a letter from an activist investor urging the company to split into two separately traded public companies, Lear said today it...... Read More »

Supplier Chassix misses 2nd bond payment; creditors concerned

8:46 am U.S. ET | Feb. 17, 2015
After missing a payment of more than $17 million to bondholders this month, Chassix has asked the bondholders to organize and retain advisers -- and...... Read More »

Survey: Suppliers upbeat as N.A. factories hum

12:01 am U.S. ET | Feb. 16, 2015
As North American light-vehicle output remains strong, suppliers are optimistic about their prospects for the coming year and are unfazed about...... Read More »

TRW says adjusted Q4 profits rose 26%

9:24 am U.S. ET | Feb. 13, 2015
TRW Automotive Holdings, which is being acquired by German supplier ZF Friedrichshafen AG, today said fourth-quarter adjusted earnings grew 26...... Read More »

Tower International posts Q4 gain in adjusted earnings

4:07 pm U.S. ET | Feb. 13, 2015
Tower International, a structural metal components and assemblies supplier, on Thursday reported a gain in adjusted earnings but a net loss overall...... Read More »

BorgWarner Q4 revenue rises as net income declines slightly

11:04 am U.S. ET | Feb. 12, 2015
BorgWarner, the turbocharger and emissions systems supplier, reported today fourth-quarter gains in revenues and a slight decline in net income.... Read More »

Takata widens loss forecast as airbag recall costs mount

10:03 am U.S. ET | Feb. 5, 2015
Takata, the Japanese airbag maker at the center of a safety crisis, widened its loss forecast for this fiscal year as automakers led by Honda...... Read More »

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